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WAPA's $375M Crisis: Renewable Energy Plans Unveiled

2/11/2025

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Summary

Story summary

The V.I. Water and Power Authority (WAPA) faces a staggering $375 million financial crisis, as revealed by Ernst & Young. With dwindling customers and heavy reliance on federal aid, WAPA's management is determined to turn the tide by auditing operations, consolidating debts, and embracing renewable energy over the next five years.

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Story summary

The V.I. Water and Power Authority (WAPA) faces a staggering $375 million financial crisis, as revealed by Ernst & Young. With dwindling customers and heavy reliance on federal aid, WAPA's management is determined to turn the tide by auditing operations, consolidating debts, and embracing renewable energy over the next five years.